Jiangsu Hongtian TechnologyLtd Dividend
Dividend criteria checks 2/6
Jiangsu Hongtian TechnologyLtd is a dividend paying company with a current yield of 0.77% that is well covered by earnings.
Key information
0.8%
Dividend yield
14%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.06 |
Dividend yield forecast in 3Y | 0.8% |
Recent dividend updates
No updates
Recent updates
We Think Jiangsu Hongtian TechnologyLtd (SHSE:603800) Is Taking Some Risk With Its Debt
Jun 21Estimating The Intrinsic Value Of Suzhou Douson Drilling & Production Equipment Co.,Ltd. (SHSE:603800)
May 28Should You Be Adding Suzhou Douson Drilling & Production EquipmentLtd (SHSE:603800) To Your Watchlist Today?
Apr 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603800 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603800's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Jiangsu Hongtian TechnologyLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603800) | 0.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Energy Services) | 2.0% |
Analyst forecast in 3 Years (603800) | 0.8% |
Notable Dividend: 603800's dividend (0.77%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 603800's dividend (0.77%) is low compared to the top 25% of dividend payers in the CN market (2.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.3%), 603800's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (174.1%), 603800's dividend payments are not well covered by cash flows.